E-bikes help France reach record breaking bike sales
Posted on in Business News , Cycles News
According to the French bicycle observatory sales increased 1.3% to a total € 1.795 billion (including P&A) with 3,034,000 bikes sold in 2016.
Total turnover in bicycles and e-bikes upped by 6.4% to a total of 1.023 billion compared to 2015. This result marks the 3rd consecutive year of growth and for the first time since 2012 sales passed the 3 million mark.
Sales of e-bikes alone increased by over 30% to 134,000 units with an average retail price of over € 1000. Urban and trekking e-bikes are the most popular with total sales of 106,000 units whilst 2016 statistics show that 15,300 e-MTB's have been sold; a 72% increase from the 9,000 sold in 2015 and the 6,000 in 2014.
This growth is expected to continue throughout 2017 and beyond, thanks in part to French national government measures including the subsidy (up to € 200) for purchasing an e-bike.
The 2016 French market statistics were made public by Jérôme Valentin, CEO of Cycleurope France and co-chairman of the Union Sport & Cycle federation. A complete Market Report France will be published in Bike Europe's print and online editions in May.
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